XML 110 R37.htm IDEA: XBRL DOCUMENT v3.25.1

Basis of presentation for the consolidated financial statements (Tables)

12 Months Ended

Dec. 31, 2024

Basis Of Presentation For The Consolidated Financial Statements [Abstract]

Schedule of detailed information about subsidiaries

The following tables detail general information as of December 31, 2024 and 2023 on the companies in which the group exercises control:

																		Country of						Functional						Ownership Interest
Subsidiaries						TAX ID No.						Address						Incorporation						Currency						Direct						Indirect						Total
SQM Nitratos S.A.						96.592.190-7						El Trovador 4285, Las Condes						Chile						Dollar						99.9999						0.0001						100.0000
SQM Potasio SpA (9)						96.651.060-9						El Trovador 4285, Las Condes						Chile						Dollar						100.0000						-						100.0000
Serv. Integrales de Tránsito y Transf. S.A.						79.770.780-5						Arturo Prat 1060, Tocopilla						Chile						Dollar						0.0003						99.9997						100.0000
Isapre Norte Grande Ltda.						79.906.120-1						Aníbal Pinto 3228, Antofagasta						Chile						Peso						1.0000						99.0000						100.0000
Ajay SQM Chile S.A.						96.592.180-K						Av. Pdte. Eduardo Frei 4900, Santiago						Chile						Dollar						51.000						-						51.000
Almacenes y Depósitos Ltda.						79.876.080-7						El Trovador 4285, Las Condes						Chile						Peso						1.0000						99.0000						100.0000
SQM Salar SpA (10)						79.626.800-K						El Trovador 4285, Las Condes						Chile						Dollar						-						100.0000						100.0000
SQM Industrial S.A.						79.947.100-0						El Trovador 4285, Las Condes						Chile						Dollar						99.0470						0.9530						100.0000
Exploraciones Mineras S.A.						76.425.380-9						El Trovador 4285, Las Condes						Chile						Dollar						0.2691						99.7309						100.0000
Sociedad Prestadora de Servicios de Salud Cruz del Norte S.A.						76.534.490-5						Aníbal Pinto 3228, Antofagasta						Chile						Peso						-						100.0000						100.0000
Soquimich Comercial S.A.						79.768.170-9						El Trovador 4285, Las Condes						Chile						Dollar						-						60.6383						60.6383
Comercial Agrorama Ltda. (1)						76.064.419-6						El Trovador 4285, Las Condes						Chile						Dollar						-						60.6383						60.6383
Comercial Hydro S.A.						96.801.610-5						El Trovador 4285, Las Condes						Chile						Dollar						-						100.0000						100.0000
Agrorama S.A.						76.145.229-0						El Trovador 4285, Las Condes						Chile						Dollar						-						60.6383						60.6383
Orcoma Estudios SpA						76.359.919-1						Apoquindo 3721 OF 131, Las Condes						Chile						Dollar						100.0000						-						100.0000
Orcoma SpA						76.360.575-2						Los Militares 4290, Las Condes						Chile						Dollar						100.0000						-						100.0000
SQM MaG SpA						76.686.311-9						Los Militares 4290, Las Condes						Chile						Dollar						-						100.0000						100.0000
SQM Nueva Potasio SpA (11)						76.630.159-2						Los Militares 4290, Las Condes						Chile						Dollar						99.6703						0.3297						100.0000
SQM Lab SpA (17)						78.009.141-K						Los Militares 4290, Las Condes						Chile						Dollar						-						100.0000						100.0000
Sociedad Contractual Minera Búfalo						77.114.779-8						Los Militares 4290, Las Condes						Chile						Dollar						99.9000						0.1000						100.0000
SQM North America Corp.						Foreign						2727 Paces Ferry Road, Building Two, Suite 1425, Atlanta, GA						United States of America						Dollar						40.0000						60.0000						100.0000
RS Agro Chemical Trading Corporation A.V.V. (5)						Foreign						Caya Ernesto O. Petronia 17, Orangestad						Aruba						Dollar						-						-						—
Nitratos Naturais do Chile Ltda.						Foreign						Al. Tocantis 75, 6° Andar, Conunto 608 Edif. West Gate, Alphaville Barureri, CEP 06455-020, Sao Paulo						Brazil						Dollar						-						100.0000						100.0000
SQM Corporation N.V.						Foreign						Pietermaai 123, P.O. Box 897, Willemstad, Curacao						Curacao						Dollar						0.0002						99.9998						100.0000
SQM Ecuador S.A.						Foreign						Av. José Orrantia y Av. Juan Tanca Marengo Edificio Executive Center Piso 2 Oficina 211						Ecuador						Dollar						0.00401						99.9960						100.0000
SQM Brasil Ltda.						Foreign						Al. Tocantis 75, 6° Andar, Conunto 608 Edif. West Gate, Alphaville Barureri, CEP 06455-020, Sao Paulo						Brazil						Dollar						0.4700						99.5300						100.0000
SQMC Holding Corporation.						Foreign						2727 Paces Ferry Road, Building Two, Suite 1425, Atlanta						United States of America						Dollar						0.1000						99.9000						100.0000
SQM Japan Co. Ltd.						Foreign						From 1st Bldg 207, 5-3-10 Minami- Aoyama, Minato-ku, Tokio						Japan						Dollar						0.1597						99.8403						100.0000

Country of Incorporation

Functional Currency

Ownership Interest

Subsidiaries

TAX ID No.

Address

Direct

Indirect

Total

SQM Europe N.V. (3)

Foreign

Houtdok-Noordkaai 25a B-2030 Amberes

Belgium

Dollar

0.5800

99.4200

100.0000

SQM International N.V.

Foreign

Houtdok-Noordkaai 25a B-2030 Amberes

Belgium

Dollar

-

-

-

SQM Indonesia S.A.

Foreign

Perumahan Bumi Dirgantara Permai, Jl Suryadarma Blok Aw No 15 Rt 01/09 17436 Jatisari Pondok Gede

Indonesia

Dollar

-

80.0000

80.0000

North American Trading Company (4)

Foreign

2727 Paces Ferry Road, Building Two, Suite 1425, Atlanta, GA

United States of America

Dollar

-

-

-

SQM Virginia LLC (4)

Foreign

2727 Paces Ferry Road, Building Two, Suite 1425, Atlanta, GA

United States of America

Dollar

-

-

-

SQM Comercial de México S.A. de C.V.

Foreign

Av. Moctezuma 144-4 Ciudad del Sol. CP 45050, Zapopan, Jalisco México

México

Dollar

0.0100

99.9900

100.0000

SQM Investment Corporation N.V.

Foreign

Pietermaai 123, P.O. Box 897, Willemstad, Curacao

Curacao

Dollar

1.0000

99.0000

100.0000

Royal Seed Trading Corporation A.V.V. (6)

Foreign

Caya Ernesto O. Petronia 17, Orangestad

Aruba

Dollar

1.6700

98.3300

100.0000

SQM Lithium Specialties Limited Partnership (4)

Foreign

2727 Paces Ferry Road, Building Two, Suite 1425, Atlanta, GA

United States of America

Dollar

-

100.0000

100.0000

Comercial Caimán Internacional S.A. (2)

Foreign

Edificio Plaza Bancomer

Panamá

Dollar

-

100.0000

100.0000

SQM France S.A.

Foreign

ZAC des Pommiers 27930 Fauville

France

Dollar

-

100.0000

100.0000

Administración y Servicios Santiago S.A. de C.V.

Foreign

Av. Moctezuma 144-4 Ciudad del Sol, CP 45050, Zapopan, Jalisco México

México

Dollar

-

100.0000

100.0000

SQM Nitratos México S.A. de C.V.

Foreign

Av. Moctezuma 144-4 Ciudad del Sol, CP 45050, Zapopan, Jalisco México

México

Dollar

-

100.0000

100.0000

Soquimich European Holding B.V.

Foreign

Luna Arena, Herikerbergweg 238 1101 CM Amsterdan

Holland

Dollar

-

100.0000

100.0000

SQM Iberian S.A.

Foreign

Provenza 251 Principal 1a CP 08008, Barcelona

Spain

Dollar

-

100.0000

100.0000

SQM África Pty Ltd.

Foreign

Tramore House, 3 Wterford Office Park, Waterford Drive, 2191 Fourways, Johannesburg

South Africa

Dollar

-

100.0000

100.0000

SQM Oceanía Pty Ltd.

Foreign

Level 9, 50 Park Street, Sydney NSW 2000, Sydney

Australia

Dollar

-

100.0000

100.0000

SQM Beijing Commercial Co. Ltd.

Foreign

Room 1001C, CBD International Mansion N 16 Yong An Dong Li, Jian Wai Ave Beijing 100022, P.R.

China

Dollar

-

100.0000

100.0000

SQM Thailand Limited (18)

Foreign

Unit 2962, Level 29, N° 388, Exchange Tower Sukhumvit Road, Klongtoey Bangkok

Thailand

Dollar

-

99.9980

99.9980

SQM Colombia SAS

Foreign

Cra 7 No 32 – 33 piso 29 Pbx: (571) 3384904 Fax: (571) 3384905 Bogotá D.C. – Colombia.

Colombia

Dollar

-

100.0000

100.0000

SQM Australia Pty

Foreign

Level 16, 201 Elizabeth Street Sydney

Australia

Dollar

-

100.0000

100.0000

SQM (Shanghai) Chemicals Co. Ltd.

Foreign

Room 4703-33, 47F, No.300 Middle Huaihai Road, Huangpu district, Shanghai

China

Dollar

-

100.0000

100.0000

Soquimich LLC

Foreign

Suite 22, Kyobo Building, 15th Floor, 1 Jongno Jongno-gu, Seoul, 03154 South Korea

South Korea

Dollar

-

100.0000

100.0000

SQM Holland B.V.

Foreign

Herikerbergweg 238, 1101 CM Amsterdam Zuidoost

Holland

Dollar

-

100.0000

100.0000

Soquimich Comercial Brasil Ltda.

Foreign

Avenida Bento Rocha, N° 821, Vila Alboitt, CEP 83221-565. Paranaguá

Brazil

Dollar

-

100.0000

100.0000

Blue Energy Business and Trade (Shanghai) Co., Ltd. (7)

Foreign

300 Huaihai Middle Road, distrito de Huangpu, Shanghai

China

Dollar

-

100.0000

100.0000

SQM Comercial Perú S.A.C. (8)

Foreign

Av. Juan de Arona 187, Torre B, Oficina 301-II, San Isidro, Lima

Peru

Dollar

0.00001

99.99999

100.0000

SQM India Private Limited (12)

Foreign

LEVAL 3A WING, TOWER B1 Symphony IT park, NANDED, Nanded, Pune City, Pune - 411041, Maharashtra

India

Indian Rupee

0.0202

99.9798

100.0000

Sichuan Dixin New Energy Co., Ltd. (*)

Foreign

No.8 Yuhui Road, Xiu wen Town, Dong po District, Meishan, Sichuan Province

China

Chinese Yuan

-

100.0000

100.0000

SQM (Shanghai) Industrial Co, Ltd. (13)

Foreign

West Nanjing Road Branch, Shanghai.

China

Dollar

-

100.0000

100.0000

Sociedad Química y Minera Maroc (14)

Foreign

Entrée Ouest, Niveau 1 Anfa Place BD de la corniche Ain diab 20180, Casablanca, Marocco.

Marocco

Dollar

-

100.0000

100.0000

SQM Lithium North America Corporation (15)

Foreign

2727 Paces Ferry Rd SE, Building 2, Suite 1425, Atlanta, GA.

United States of America

Dollar

-

100.0000

100.0000

SQM Lithium Europe NV (16)

Foreign

Houtdok-Noordkaai 25A, 2030 ANTWERP, Belgium

Belgium

Dollar

-

100.0000

100.0000

SQM Japan Lithium Co. Ltd. (19)

Foreign

#207 From 1st Bldg., 5-3-10 Minami Aoyama, Minato-ku, Tokyo, 107-00762 Japan

Japan

Dollar

-

100.0000

100.0000

Harding Battery Minerals (Novo JV)

Foreign

Level 19, 109 St Georges Tce, WA 6000

Australia

Australian dollar

-

75.0000

75.0000

(1)SQM has control over Comercial Agrorama Ltda.´s management

(2)Comercial Caiman Internacional S.A. was liquidated on September 30, 2023.

(3)On July 1, 2023, SQM Europe N.V. absorbed its affiliate SQM International N.V. As of December 31, 2022, ownership interest over SQM International was 100% indirect.

(4)During the fourth quarter, SQM Virginia LLC, North American Trading Company and SQM Lithium Specialties Limited Partnership were liquidated. As of December 31, 2022, ownership interest over these entities were 100% indirect.

(5)During the first quarter of 2024, RS Agro Chemical Trading Corporation A.V.V. was liquidated.

(6)During the first quarter of 2024, Royal Seed Trading Corporation A.V.V. was liquidated.

(7)Blue Energy Business and Trade (Shanghai) Co., Ltd. was incorporated on March 21, 2024.

(8)On March 27, 2024, 100% of SQM Vitas Perú S.A.C. was acquired.

(9)On May 31, 2024, SQM Potasio S.A. was transformed from SQM Potasio S.A. to SQM Potasio SpA.

(10)On May 31, 2024, SQM Salar S.A. was transformed from SQM Salar S.A. to SQM Salar SpA.

(11)On May 31, 2024, SQM Potasio SpA was divided creating SQM Nueva Potasio SpA.

(12)On April 22, 2024, the subsidiary SQM India Private Limited was incorporated.

(13)On September 18, 2024, the company SQM (Shanghai) Industrial Co., Ltd. was incorporated.

(14)On July 18, 2024, Sociedad Química y Minera Maroc was incorporated.

(15)On September 17, 2024, SQM Lithium North America Corporation was incorporated.

(16)On September 9, 2024, SQM Lithium Europe NV was incorporated.

(17)On December 16, 2024, SQM Lab SpA was incorporated.

(18)In the fourth quarter of 2024, SQM Thailand Limited was liquidated.

(19)On October of 2024, SQM Japan Lithium Co. Ltd. was incorporated.

(*) On April 30, 2024 The Company acquired the total interest ownership in Sichuan Dixin New Energy Co. Ltd. for an amount of ThUS$ 127,152 (ThUS$ 12,489 are yet to be paid and it is recognized as a liability at the reporting date) and recognizing an identified intangible asset for ThUS$ 10,130 (see note 14 on intangible assets). The Company entered this transaction to acquire a battery-grade lithium hydroxide monohydrate plant with a production capacity of approximately 20,000 tons per year for the Company’s lithium sulfate salts. See additional details in note 12.2. Assets and liabilities recognized upon acquisition consider the following:

Certain financial statement items						ThUS$
Property, plant and equipment						101,357
Intangible assets (including identified intangible assets)						12,861
Cash and cash equivalents						1,093
Current assets						33,056
Total liabilities						(21,215)
Total						127,152

X

- Definition

Basis Of Presentation For The Consolidated Financial Statements

+ References

No definition available.

+ Details

Name:	sqm_BasisOfPresentationForTheConsolidatedFinancialStatementsAbstract
Namespace Prefix:	sqm_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Disclosure of detailed information about subsidiaries.

+ References

No definition available.

+ Details

Name:	sqm_DisclosureOfDetailedInformationAboutSubsidiariesTableTextBlock
Namespace Prefix:	sqm_
Data Type:	dtr-types1:textBlockItemType
Balance Type:	na
Period Type:	duration